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Everyone expecting the fed to raise rates, crypto, stock market, and housing to crash.
The opposite is going to happen in the next 12 months and 99% of the population are not positioned correctly.
I wonder why they haven’t made a movie based on the ‘Baron Trump's Marvellous Underground Journey’ book. 🤔
You’re not going crazy.
You’re thinking of random things and they’re coincidentally showing up on your timeline.
Yields crash from these highs. Who cashes the rip?
Not “the UK.” Not Cayman.
The funds booked in London, HK, Lux, the Islands.
The ticket says foreign. The LPs are often American.
Washington sold the 5% coupons. A Delaware pension and a Greenwich book collected the bounce.
Offshore is a zip code.
TIC says foreigners are buying the 5% Treasuries.
UK +$126B. Hong Kong. Lux. Cayman.
Now ask yourself one question:
Whose money is in those accounts?
fun thought experiment: Bessent talks yields into the stratosphere, then they fall off a cliff.
who prints?
the Fed, sitting on $4.6T of Treasuries
Japan, still holding $1.1T
Washington sells the expensive coupons. Tokyo and the Eccles Building collect the bounce.

